Integrated Wind Solutions ASA ("IWS") has, through its wholly owned subsidiary,
IWS Fleet AS and IWS Fleet Management AS, entered a strategic cooperation with
Havfram Wind AS ("Havfram Wind"). This collaboration involves IWS providing
technical management services to Havfram Wind's two state-of-the-art offshore
Wind Turbine Installation Vessels ("WTIVs") with scheduled delivery in 2025.
These advanced WTIVs are designed to install turbines exceeding 300 meters in
tip height and to handle foundations weighing up to 3,000 tonnes in water depths
of up to 70 meters.

IWS and Havfram Wind will take joint ownership of Havfram Fleet Management AS
("HFM") and IWS will provide management- and technical- resources to HFM. HFM
will be responsible for the technical management of the WTIVs. Both parties will
share their technical expertise into HFM and great synergies are expected from
the operation of a range of vessels across the offshore wind value chain.

Additionally, IWS Fleet Management AS continues to provide technical management
services to two LNG carriers. This new partnership with Havfram Wind, alongside
the existing fleet of six Commissioning Service Operation Vessels ("CSOVs")
under construction and the management of the two LNG carriers, positions IWS at
the forefront of providing high-quality and efficient vessel operations.

Christopher Andersen Heidenreich, COO of Integrated Wind Solutions ASA and
Managing Director of IWS Fleet AS, commented on the collaboration: "Our
strategic partnership with Havfram Wind is a testament to our distinguished
technical expertise and capabilities in the offshore wind sector. With this
collaboration, along with our existing fleet, we are very motivated to deliver
high-quality and efficient operations across the renewable energy landscape."

Even Larsen, CEO of Havfram Wind said: "High quality technical management is
essential when commencing operations of our fleet of Wind Turbine Installation
Vessels. IWS has a long history and a proven track record within ship management
of advanced assets and is the perfect fit for Havfram Wind. In a broader
perspective, this collaboration is yet another affirmation to our clients that
Havfram Wind is going to deliver the highest quality of transport and
installation services to the offshore wind industry."

Company contacts:
Christopher Andersen Heidenreich
COO Integrated Wind Solutions
Phone: +47 918 28 397
E-mail: cah@integratedwind.com

Marius Magelie
CFO Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com

About IWS:
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry combined with a suite of adhering services to
reduce the levelised cost of energy ("LCOE") for offshore wind. The Company has
six Commissioning Service Operation Vessels ("CSOVs") under construction with
delivery in 2023, 2024 and 2025 in addition to options for two additional
vessels. Furthermore, IWS owns the offshore wind supply-chain service company,
IWS Services A/S and has a 30% ownership in the independent advisor,
consultancy, data intelligence and wind farm operator firm PEAK Wind Group.

About Havfram Wind:
Havfram Wind is an offshore wind construction company focused on transport and
installation services for both bottom-fixed and floating projects in the
offshore wind sector. The Norwegian company is a subsidiary of Havfram.

Havfram is a pure play offshore wind company, providing a wide range of services
across the offshore wind value chain. Leveraging deep offshore wind industry
knowledge, together with decades of know-how from the Norwegian energy & marine
sectors and essential experience in operating in harsh offshore environments,
Havfram offers the highest standards and services to customers worldwide.
Havfram is majority owned by Sandbrook Capital, a leading climate fund led by an
experienced team determined to combine consistent financial returns and real
climate impact. Together we aim to lead the path towards clean energy.